Q1 25 EPS
$-0.06
BEAT +5.21%
Est. $-0.06
Q1 25 Revenue
$29.1M
MISS 4.10%
Est. $30.4M
vs S&P Since Q1 25
-62.7%
TRAILING MARKET
SOUN -29.4% vs S&P +33.2%
Market Reaction
Did SOUN Beat Earnings? Q1 2025 Results
SoundHound AI kicked off 2025 with a record first quarter, posting revenue of $29.13 million, a 151% year-over-year surge, as the voice AI company continued to diversify its customer base to the point where no single client represented more than 10% … Read more SoundHound AI kicked off 2025 with a record first quarter, posting revenue of $29.13 million, a 151% year-over-year surge, as the voice AI company continued to diversify its customer base to the point where no single client represented more than 10% of sales. The headline GAAP numbers looked extraordinary on the surface, but the apparent profit was almost entirely a mirage: a $176.10 million non-cash gain from the mark-to-market revaluation of contingent acquisition liabilities, tied to SoundHound's falling stock price during the quarter, inflated GAAP results beyond recognition. Strip that away, and the non-GAAP loss per share came to $0.06, with a non-GAAP net loss of $22.33 million, underscoring that the company remains deep in investment mode. Gross margins also compressed meaningfully, with non-GAAP gross margin falling to 50.8% from 65.5% a year ago. Still, management reaffirmed full-year 2025 revenue guidance of $157 million to $177 million, pointing to an expanding pipeline and growing cross-sell opportunities from its acquisitions as reasons for confidence heading into the rest of the year.
Key Takeaways
- • 151% year-over-year revenue growth driven by customer diversification — no customer above 10% of revenue
- • Cross-sell and upsell opportunities from acquisitions
- • Expansion across restaurant, automotive, healthcare, retail, energy, telecom, and financial services verticals
- • GAAP net income of $129.9 million driven primarily by $176 million non-cash gain from mark-to-market of contingent acquisition liabilities
SOUN YoY Financials
Q1 2025 vs Q1 2024, source: SEC Filings
“SoundHound continues to extend its reach and create new possibilities for real world AI applications. The release of our complete AI agent platform delivers full, voice-enabled Agentic AI for customers across all industries.”
— Keyvan Mohajer, Q1 2025 Earnings Press Release
SOUN Earnings Trends
SOUN vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
SOUN EPS Trend
Earnings per share: estimate vs actual
SOUN Revenue Trend
Quarterly revenue: estimate vs actual
SOUN Quarterly Results
8 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 MISS | $-0.04 | $-0.06 | -71.43% | $44.2M | +3.84% |
| Q4 25 MISS FY | $-0.02 | $-0.02 | -9.29% | $55.1M | +1.99% |
| FY Full Year | $-0.14 | $-0.13 | +3.70% | $168.9M | +0.64% |
| Q3 25 BEAT | $-0.03 | $-0.03 | +11.76% | $42.0M | +3.88% |
| Q2 25 BEAT | $-0.05 | $-0.03 | +42.86% | $42.7M | +29.80% |
| Q1 25 BEAT | $-0.06 | $-0.06 | +5.21% | $29.1M | -4.10% |
| Q3 24 BEAT | $-0.07 | $-0.04 | +42.86% | $25.1M | +9.01% |
| Q2 24 BEAT | $-0.09 | $-0.04 | +55.56% | $13.5M | +2.92% |
| Q3 23 BEAT | $-0.09 | $-0.09 | +0.00% | $13.3M | +3.82% |